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that it is much worse now some analysts say this points to a structural unemployment problem with a big chunk of the population that is permanently out of the workforce and joining me now for more from our new york studio is less leopold is economist and author of this book the looting of america how wall street's game of fantasy finance destroyed our jobs pensions and prosperity and what we can do about it he's going to help us try to assess this situation unless i'm curious first of all if you think obama's excuses that this is a rocky road to recovery hold weight or if this is yet another sign these jobs numbers of structural unemployment in the u.s. that millions of jobs are just gone and not coming back. actually both explanations i think aren't accurate it's not a structural obama's excuses don't mean anything and it's not a structural problem what it is is that we had a gigantic implosion for the last three years due to the wall street gambling casino crash and those jobs have not been recreated because people don't have enough money in their pockets. instead of trying to put mor
that it is much worse now some analysts say this points to a structural unemployment problem with a big chunk of the population that is permanently out of the workforce and joining me now for more from our new york studio is less leopold is economist and author of this book the looting of america how wall street's game of fantasy finance destroyed our jobs pensions and prosperity and what we can do about it he's going to help us try to assess this situation unless i'm curious first of all if...
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there are people that use big coins. for services which. you need that seems to generate passion response from people who use it who just look at big point at first glance and automatically assume that because some people are using it for bad things and therefore the currency is only used totally for bad things let me come in here for a second american to give some background little bit background so another words let's start from the beginning in terms of bitcoin it's a digital currency it's a piece centralised currency in that there is no central authority like a central bank and it's also an encrypted currency which gives it remarkable benefits the ones that you'd expect or want from a currency if you're looking to conduct business outside of surveillance of let's say corrupt federal employees or governments but on the same token obviously just like cash it can be used for nefarious and as well along we talk about a word that is used. two words actually one is called disruptive and another d word this intermediation so in terms of disrup
there are people that use big coins. for services which. you need that seems to generate passion response from people who use it who just look at big point at first glance and automatically assume that because some people are using it for bad things and therefore the currency is only used totally for bad things let me come in here for a second american to give some background little bit background so another words let's start from the beginning in terms of bitcoin it's a digital currency it's a...
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coin is a big point is i'm basically she's very she spoke on you know the big consultancy the various lawyers and they she say the they don't know what it's going to be classified us and that's intelligence on some to give it it's kind of looking now that it might be classed as a commodity kind of like what's happening with gold in a gold is that actually we have all the gold businesses in the u.k. they are actually regulated now and then we go back to what you saying before about the pits appear aspects. this is like part of a larger movement has been going on for many years if you look at the software industry they came out with proprietary software which is treating software as a products there's been a movement of people on the internet shall we say building their own economy their own structures in ways of governing and it's one of these products was lynn. which as far as i'm concerned is a rock star in the computing world you can find it on mobile phones. embedded devices it's everywhere. and ever since then there's been continually more and more things coming out of this moveme
coin is a big point is i'm basically she's very she spoke on you know the big consultancy the various lawyers and they she say the they don't know what it's going to be classified us and that's intelligence on some to give it it's kind of looking now that it might be classed as a commodity kind of like what's happening with gold in a gold is that actually we have all the gold businesses in the u.k. they are actually regulated now and then we go back to what you saying before about the pits...
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big splash and the. big breakthrough. one take. forty two thousand americans die each year from car accidents only a thousand. seven hundred thousand people murdered and thirty two thousand will kill themselves cancer in all its forms kills five hundred sixty thousand of us a year part disease is even more devastating it kills over eight hundred seventy thousand americans every year. bringing you the top news headlines in commentary from around the world this is our direct from moscow and sean thomas let's take a look at some of the top headlines right now a former news of the world journalist who was the first to name names in the phone hacking scandal is found dead in london a death police say is unexplained but not suspicious it's the latest twist in the spiraling political crisis going all the way up to the prime minister david cameron . violence persists in afghanistan as three more nato soldiers are killed following the assassination of an aide and the half brother of president karzai last week just as the alliance begins han
big splash and the. big breakthrough. one take. forty two thousand americans die each year from car accidents only a thousand. seven hundred thousand people murdered and thirty two thousand will kill themselves cancer in all its forms kills five hundred sixty thousand of us a year part disease is even more devastating it kills over eight hundred seventy thousand americans every year. bringing you the top news headlines in commentary from around the world this is our direct from moscow and sean...
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looking like the biggest economy in the world and it's becoming more and more obvious that that's a big fraud if at all if it all comes back to you know you can make a comparison to roman coin clipping where they clip the coins which created this massive inflation and the collapse of the roman empire in america the coin clipping columns in these new ways they statistically recalculate the statistics to make it look like there's no inflation or they they reclassify hamburger flippers from a service job to a manufacturing job to make a look like there's growth where there's no growth and just like the roman empire that was over expanded in many military occupations there will collapse of the same reason this is not new it happens history so let's look at how the top trickles down to the bottom here and how great the economy in america is obviously doing as copper soars thieves extract a price when thieves ransacked eight air conditioners in an apartment complex in the city of mobile alabama the culprits made off with eight hundred dollars worth of scrap metal and left residents with a thi
looking like the biggest economy in the world and it's becoming more and more obvious that that's a big fraud if at all if it all comes back to you know you can make a comparison to roman coin clipping where they clip the coins which created this massive inflation and the collapse of the roman empire in america the coin clipping columns in these new ways they statistically recalculate the statistics to make it look like there's no inflation or they they reclassify hamburger flippers from a...
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and say in their most serious big boy voices were the good guys they're the bad guys who we say or we don't i. mean there's another growing disconnect between washington and the rest of the country and that is the fear mongering credibility gap at some point everyone is going to realize that they need us more than we need them and that most of what they tell us to fear is for the sole purpose of serving their lust for power drawing our seem oddly my special guest tonight for our default they count down seem oddly president of less government seen someone to thank so much for explaining to see them in your head of the cut cap and balance. out of their credits here and i'm i really is ok now the cut cap and balance plan put forth by speaker boehner that no one has that well yes it was before this legislation. i still wonder though for me in the middle of my figures now they are going to at the last year to try to make me look bad here ok so cut cap and balance you would put it as the least bad option was that while my ultimate objective would be to not raise the debt ceiling there are a
and say in their most serious big boy voices were the good guys they're the bad guys who we say or we don't i. mean there's another growing disconnect between washington and the rest of the country and that is the fear mongering credibility gap at some point everyone is going to realize that they need us more than we need them and that most of what they tell us to fear is for the sole purpose of serving their lust for power drawing our seem oddly my special guest tonight for our default they...
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charge is a big. welcome back to adam vs the man as is usually the case the response to the irrational violence in norway that left eight killed by explosions the prime minister's building in sixty eight shot at the nearby ruling labor party's youth summer camp it's been a beautiful outpouring if you want to motions sympathy with victims and their families or new commitments of shared values and rights as condemnation of the rigid violence but as the now old government saying goes never let a crisis go to waste first uttered by then obama chief of staff rahm emanuel this captures the very mentality of government and people left fears exploit them and use them to give the government power or norway now as the admirably defiant prime minister jens stoltenberg said the answer is more democracy but first opportunistic propagandists wasted no time identifying the pillar with their political rivals this is always the case in such tragedies whichever way they go on the political spectrum now i'm not trying t
charge is a big. welcome back to adam vs the man as is usually the case the response to the irrational violence in norway that left eight killed by explosions the prime minister's building in sixty eight shot at the nearby ruling labor party's youth summer camp it's been a beautiful outpouring if you want to motions sympathy with victims and their families or new commitments of shared values and rights as condemnation of the rigid violence but as the now old government saying goes never let a...
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and google plus and so the internet has been graveyard google plus could be the next big thing but not of open source revolutionaries stepin and yesterday i was speaking on the possibility of an open source social network but i guess the future showing up a little bit early someone sent me a message about a platform called fredricka and it's pretty intuitive compass is all of the big preexisting sites and aggregates everything into a social stream best of all this is private or as public as you once it's a b. and they are going to try to lay claim to your content with despicable ip laws and tricky legally the most important feature though of course is that there is a dislike button what do you know someone is finally responding to market demand don't you just love the internet i can't give the fencer cannot work a proper detailed review just yet but check it out at project dot fredricka friends of the friend because dot com and let me know you think facebook your days may just be numbered and now some news from anonymous. in the past two weeks there have been several attempts made to d
and google plus and so the internet has been graveyard google plus could be the next big thing but not of open source revolutionaries stepin and yesterday i was speaking on the possibility of an open source social network but i guess the future showing up a little bit early someone sent me a message about a platform called fredricka and it's pretty intuitive compass is all of the big preexisting sites and aggregates everything into a social stream best of all this is private or as public as you...
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we don't see the data showing a big awakening yet i think it depends on how worse things are going to get. but but right now it looks like people are really there's no question people are suffering there's no question people at the low end of the scale are incredibly miserable you know when we talk about the income inequality and we say how much wealth does the top twenty percent have as most people understand that it's about eighty five to ninety percent of the thought that wealth is held by the few at the top but when we ask people how much wealth is being held by the bottom forty percent people dramatically overestimate the people think it's four five maybe ten percent of the wealth is held by the bottom forty percent of americans it turns out it's all point three zero point three percent of the wealth is owned by the bottom forty percent of americans so we dramatically underestimate what's happening at the bottom at the bottom end and the problem with the bottom end is those people don't necessarily vote yet and we do our best interest in mind especially not in terms of taxes. aga
we don't see the data showing a big awakening yet i think it depends on how worse things are going to get. but but right now it looks like people are really there's no question people are suffering there's no question people at the low end of the scale are incredibly miserable you know when we talk about the income inequality and we say how much wealth does the top twenty percent have as most people understand that it's about eighty five to ninety percent of the thought that wealth is held by...
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part of it and realize that everything is ok if you don't i'm sorry welcome to the big picture. see. we are. and yet. i. feel for the first full. length. let's not forget that we had an apartheid museum right here. i think either one of well. we never got the book says they're keeping safe get ready because you're going to her freedom. all right it's time for show and tell on tonight's program last time we told you that the southern poverty law center had just placed kentucky senator rand paul on its list of extremists connection with his feelings against the civil rights act so i wanted to know what you thought is around all of three minutes what's going to producer for truth in a century to find out what you have to say is senator rand paul an extremist well there's other in poverty law center they think so and they put him on their list after he said that private businesses should be allowed to discriminate by race as dance that led many people to ask liked what was he thinking so what do you guys think do you think he should be labeled an extremist because of his stance on t
part of it and realize that everything is ok if you don't i'm sorry welcome to the big picture. see. we are. and yet. i. feel for the first full. length. let's not forget that we had an apartheid museum right here. i think either one of well. we never got the book says they're keeping safe get ready because you're going to her freedom. all right it's time for show and tell on tonight's program last time we told you that the southern poverty law center had just placed kentucky senator rand paul...
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so you don't know i'm charged welcome to the big picture. live. where we are liberals live and all live. lead. five. let's not forget that we in the park are right. i think. one well. we never got there for safety get ready for the freedom. part it's time for showing how on tonight's program now last time we told you that the southern poverty law center had just placed kentucky senator rand paul on its list of extremists connection of his feelings against the civil rights act so i wanted to know what you thought is a rand paul extremist that a producer for truth in a sunday to find out what you have to say is senator rand paul an extremist well the southern poverty law center they think so and they put him on their list after he said that private businesses should be allowed to discriminate by the rates as downs that led many people to ask i think what. he thinking so what do you guys think do you think he should be labeled an extremist because of his stance on the civil rights act well eric said all of the freshmen in the republican congress and
so you don't know i'm charged welcome to the big picture. live. where we are liberals live and all live. lead. five. let's not forget that we in the park are right. i think. one well. we never got there for safety get ready for the freedom. part it's time for showing how on tonight's program now last time we told you that the southern poverty law center had just placed kentucky senator rand paul on its list of extremists connection of his feelings against the civil rights act so i wanted to...
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other part of it and realized everything you thought you knew you don't understand hard look at the big picture. into a little military recluse a little to bring justice to accountability. i have a right to know what my government truly want to know why i think. i would characterize obama as a charismatic. of american exceptionalism. welcome back to adam vs the man unfortunately it seems starlee beach is having some technical difficulties from across the pond which gives us a little more time with our next guest i'm very happy to be joined in studio right now by john carter director of communications and americans for tax reform john thank you for being with us tonight thanks for having me i dealt a lot of the news media were saying on the talks between obama the republicans and democratic leaders in the senate lot of back and forth not a lot of progress it seems like it's a game of chicken leading up to this default deadline coming up when when the treasury will no longer be able to borrow money to actually pay the daily bills of running the united states federal government is there mo
other part of it and realized everything you thought you knew you don't understand hard look at the big picture. into a little military recluse a little to bring justice to accountability. i have a right to know what my government truly want to know why i think. i would characterize obama as a charismatic. of american exceptionalism. welcome back to adam vs the man unfortunately it seems starlee beach is having some technical difficulties from across the pond which gives us a little more time...
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but we've always going to be gathered here because he's always going to be a big seller well a convicted felon he may be but after spending a decade on death row for you may is finally a free man and we'll have an exclusive report on justice finally being served and we'll speak to one of the attorneys to make health to make that happen. we're seeing around the world faces of it now rape murder and we see very rare cases in which those are actually criminal investigation or prosecution it's crimes like these that aren't offense contractors a bad name so why is business still booming for america's hired guns. thanks for tuning in this evening wednesday july twenty seventh eight pm here in washington d.c. i'm lucy catherine of you watching our team. and the world is also watching as washington scrambles to avoid a default now less than one week folks in fact five days four hours less than four hours three hours and fifty eight minutes my goodness and counting until d.-day on august the second which is going to be downgrade of the u.s. credit rating default and even both of lawmakers can't l
but we've always going to be gathered here because he's always going to be a big seller well a convicted felon he may be but after spending a decade on death row for you may is finally a free man and we'll have an exclusive report on justice finally being served and we'll speak to one of the attorneys to make health to make that happen. we're seeing around the world faces of it now rape murder and we see very rare cases in which those are actually criminal investigation or prosecution it's...
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it actually has been actually a big supporter of legislation like this it was actually a big surprise to see him flipping come out against it here but it does have bipartisan support it's supposed to be a very high priority for sponsor congressman smith so we'll have to see i know the . p.s. internet companies aren't that happy about it but you know nobody is too enthusiastic about being you know the lead face for the crusade against something called the protecting kids from child porn act but how many times that we see this how many times have we seen a piece of legislation a bill that really at the end of the day it strips people of their privacy strips them of some of their some of those rights that they have within the constitution and. they just play upon it as if this is all about protecting the children yet you see i mean and and you know any number of other things and you see the sneak and peek warrants that were part of the patriot act there are talk about how we need these to investigate terrorists without tipping them off overwhelming you used for for drugs wiretaps in gene
it actually has been actually a big supporter of legislation like this it was actually a big surprise to see him flipping come out against it here but it does have bipartisan support it's supposed to be a very high priority for sponsor congressman smith so we'll have to see i know the . p.s. internet companies aren't that happy about it but you know nobody is too enthusiastic about being you know the lead face for the crusade against something called the protecting kids from child porn act but...
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very important so the guy here clearly has a concern for what's going on but there's still a pretty big disconnect between what's actually going on and the solutions that people are arriving at how is that happening cultural misinformation be it from media school political narratives on for sensationalism over substance most people truly believe it's as simple as just raising the debt ceiling because that's the answer that we're supplied with people don't think about the ramifications of continuing down this ridiculous path that we're on sometimes they have to do certain things to keep the economy afloat. who knows what they have to do i don't. i tend to be apathetic towards it so we've arrived at a point where people no longer even consider themselves part of the decision making process i can't blame them they are not only not steering the car here they realize they don't have the will and they're kind of indifferent about it it seems tempting to pull back from the political world to allow they the powers that be in washington to do that certain things that they tell everyone are neces
very important so the guy here clearly has a concern for what's going on but there's still a pretty big disconnect between what's actually going on and the solutions that people are arriving at how is that happening cultural misinformation be it from media school political narratives on for sensationalism over substance most people truly believe it's as simple as just raising the debt ceiling because that's the answer that we're supplied with people don't think about the ramifications of...
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gets old i never know really we're going to be doing that even after the fall day comes we do have a big special planned for next wednesday remember that the fall day is august third that's when it really hits the fan august second is the day that time runs up and there's still no deal that's right today is the minus six days to the default day and people in washington really are still wondering what exactly is going to happen speaker boehner went back to the house today with a new plan and advance of our in fourteen the plan under cut cap and balance this time without the balance part that's right no balanced budget amendment in the new plan but why could that possibly be now we have we had an option in two thousand and eight instead of instead of the. fiscal irresponsible obama we could have gone with the fiscally responsible mccain. some members are believing that we can pass a balanced budget amendment to the constitution in this body with its present representation and that is fully worse than foolish that is deceiving that is not here it's bizarro it's bizarro really you mean livin
gets old i never know really we're going to be doing that even after the fall day comes we do have a big special planned for next wednesday remember that the fall day is august third that's when it really hits the fan august second is the day that time runs up and there's still no deal that's right today is the minus six days to the default day and people in washington really are still wondering what exactly is going to happen speaker boehner went back to the house today with a new plan and...
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in the big you district in san francisco in one thousand year old is that after being shot by police in an incident involving a failure to pay bus fare police and several witnesses are claiming that the suspect had a gun on him during the incident and that shots were fired at the masters but the police haven't been able to substantiate this claim with physical evidence the the gun. police claim they encountered disappeared crowds of angry protesters swarmed around the cops after the shooting claiming the opposite that the nineteen year old kenneth harding apparently didn't have a weapon and that the police had shot an unarmed man the following clip is graphic but as you can hear the crowd doesn't see a weapon and believes the man was unarmed. in that cell phone clip from you tube actually in the second clip there's an account of the incident that shows a silver object on the ground and the anonymous cameraman who filmed the clip insists including with his youtube notations that it was indeed a gun although it should be noted that harding was a person of interest in a murder case in s
in the big you district in san francisco in one thousand year old is that after being shot by police in an incident involving a failure to pay bus fare police and several witnesses are claiming that the suspect had a gun on him during the incident and that shots were fired at the masters but the police haven't been able to substantiate this claim with physical evidence the the gun. police claim they encountered disappeared crowds of angry protesters swarmed around the cops after the shooting...
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coming up today on the big picture. would you take three. three. three. three. year. old sleeve. for your media drug free media card. x. times or stacy herbert this is the kaiser report gold saluting a world economy breakdown using pills more macs that's our first headline their goal gives a standing ovation for the obama boehner masterpiece of political theater so we've seen in america the political theater getting crazier and crazier but this is the important thing is that how gold responded and obviously always the deal is going to be done right we knew that but we have always told everybody that gold is responding to this collapse in american empire yes it is responding its response to the collapse and free up money it's a response to the collapse and the american empire exactly they had a great run after world war two but now it's run its course and now it's all falling. part in all the satellites that rely on the u.s. for their large and all those military contractors and client states and puppet states that got all that free money from a corrupt cop talk receive america th
coming up today on the big picture. would you take three. three. three. three. year. old sleeve. for your media drug free media card. x. times or stacy herbert this is the kaiser report gold saluting a world economy breakdown using pills more macs that's our first headline their goal gives a standing ovation for the obama boehner masterpiece of political theater so we've seen in america the political theater getting crazier and crazier but this is the important thing is that how gold responded...
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sure that you mention and certainly every state has big troubles we've been talking a whole lot about minnesota and the government shutdown there are some other interesting things in that i want to take a look at just a few things in arizona for example there are now ten job seekers for every job opening in florida where there's nearly four hundred seventy six thousand people collecting unemployment benefits just eleven thousand two hundred were added last year and over to michigan forty thousand jobs added since may of last year but two hundred sixty seven thousand people are still looking so i want to ask you you know when the spending stops that much of these payments will stop so lucky you foresee as a result in states like this that we just showed. i'm afraid i see the very dire consequences now that president obama has indicated he is willing to participate in getting big cuts to all kinds of payments thereby taking away the capacity of the federal government to help cities and states they're going to continue to cut people should know that since this great recession began over
sure that you mention and certainly every state has big troubles we've been talking a whole lot about minnesota and the government shutdown there are some other interesting things in that i want to take a look at just a few things in arizona for example there are now ten job seekers for every job opening in florida where there's nearly four hundred seventy six thousand people collecting unemployment benefits just eleven thousand two hundred were added last year and over to michigan forty...
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is going to pay a price a very big price as well feeling for artsy washington d.c. . but there are of course countless cases of people who are tortured many of whom are then killed one such person is out on obama who was part of the mayan resistance force in guatemala back in the early ninety's he was captured and tortured for nearly three years then injected with a toxic gas that caused his body to swell and according to a much later and still fuzzy investigation he was then placed in a full body cast and either thrown out of a helicopter or dismembered from what is known about the case those who held him who tortured him were trained at the school of the america. so we want to go ahead and talk to his wife human rights lawyer jennifer her very jennifer is also the author of this book truth torture and the american way the history and consequences of u.s. involvement in torture she joins us from weslaco texas. senator i want to start by getting your reaction to the report we just showed a few things stuck out to me things i think people don't often think about when i
is going to pay a price a very big price as well feeling for artsy washington d.c. . but there are of course countless cases of people who are tortured many of whom are then killed one such person is out on obama who was part of the mayan resistance force in guatemala back in the early ninety's he was captured and tortured for nearly three years then injected with a toxic gas that caused his body to swell and according to a much later and still fuzzy investigation he was then placed in a full...
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no sense and is dishonest but here's the answer that the republicans give and here's cynicism on a big scale their answer is the american people are suffering from a terrible crisis they're looking for any help they can get and the republicans are making this theater around the silly because we can allow them to get maximum populous city for being the party that's going to at least help the american people little businesses individuals by cutting taxes or at least not allowing taxes to grow and that's going to build their mess base because people are angry about their situation and are grateful if a politician doesn't raise their taxes the fact that it's not a viable solution that it will not affect the basic economic situation except in a negative way well that's what's going to happen tomorrow meanwhile they're running for office in the elections of two thousand and twelve it is a very cynical ploy and if they push it and if the american government can't pay its debts for a few days and that's the most that will happen it will do a very bad job on diminishing the credit of the united
no sense and is dishonest but here's the answer that the republicans give and here's cynicism on a big scale their answer is the american people are suffering from a terrible crisis they're looking for any help they can get and the republicans are making this theater around the silly because we can allow them to get maximum populous city for being the party that's going to at least help the american people little businesses individuals by cutting taxes or at least not allowing taxes to grow and...
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coming up today on the big picture. forty two thousand americans die each year from car accidents thousand. seven hundred thousand people. and thirty two thousand will kill themselves cancer in all its forms kills five hundred sixty thousand of us here part to seize is even more devastating kills over eight hundred seventy thousand. thousand americans every year. old. bringing you the latest in something something. from the realm. of the future of coverage. welcome back to adam vs the man the united states postal service is choking to death in a pool of its own early scribbled reading it seems the challenge is put forth by capitalism you know actually providing services that people pay for and finally cut the throat of the federally sponsored mail service with the global migration telephonic mail you know e-mail us b.s. has become marginalized and they did and its usefulness to the average american but that kind of goes without saying postmaster general patrick donahoe sat down with usa today to say that while the u.s.p
coming up today on the big picture. forty two thousand americans die each year from car accidents thousand. seven hundred thousand people. and thirty two thousand will kill themselves cancer in all its forms kills five hundred sixty thousand of us here part to seize is even more devastating kills over eight hundred seventy thousand. thousand americans every year. old. bringing you the latest in something something. from the realm. of the future of coverage. welcome back to adam vs the man the...
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like well our party just repeat the mistakes of the big chill compromise. one candidate has always been true ron paul could spread well into the budget deal. no deals ron paul has said no repeatedly to the question of raising the debt ceiling and many others have raised the question about whether it's necessary some even asking is this all simply a scare tactic into making some significant changes to the way this government spends its money to talk more about that i spoke earlier to l. randall rae professor of economics at the university of missouri kansas city i asked him if we are in. in our close to a crisis and politicians say we are or is this all just hype here's his response. well we're in a. creative crisis but it's a political crisis it's not an economic crisis. but sovereign government does not face the solvency constraint if it does to bolt on debt it will be a political decision that's not going to be something that is forced by markets. so you think that this is perhaps just an excuse by you know the forces out there to to try to get rid of som
like well our party just repeat the mistakes of the big chill compromise. one candidate has always been true ron paul could spread well into the budget deal. no deals ron paul has said no repeatedly to the question of raising the debt ceiling and many others have raised the question about whether it's necessary some even asking is this all simply a scare tactic into making some significant changes to the way this government spends its money to talk more about that i spoke earlier to l. randall...
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lot of political things they do all over the world but the fact is america itself is looking like a big giant ghetto and wherever you go well that all over creation of america where there is probably stronger ghettos chicago did. sure i had problems don there's a saying group of corporations caterpillar is a enabling benefit cash an unbalanced on something in detroit because you've got a minority of c.e.o.'s who take all that money from the government put it in their pockets and they claim that while there's a lot of infrastructure there to spread around amongst the population because a response before building infrastructure and they are building infrastructure but those are pocketing the money themselves how can that be possibly construed as a representative democracy we've got insiders are still stealing money wholesale and claiming that they can't possibly distribute them because they don't have the money to do so because they stole the money and finally max for the entire picture of a banana republic so they were fighting over this deficit right eleven stunning facts about america'
lot of political things they do all over the world but the fact is america itself is looking like a big giant ghetto and wherever you go well that all over creation of america where there is probably stronger ghettos chicago did. sure i had problems don there's a saying group of corporations caterpillar is a enabling benefit cash an unbalanced on something in detroit because you've got a minority of c.e.o.'s who take all that money from the government put it in their pockets and they claim that...
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charge is a big. welcome back to out of versus the man calles continues in mexico with drug cartel violence surging recently over the past weekend at least forty people died in drug cartel related attacks so we support of the mexican government so many people were massacred in monterey on friday at a bar with many innocent bystanders caught in a crossfire between the drug gang and the gulf cartel tend to have faded bodies including those of three women were discovered by authorities and torrie own and child that was just outside of mexico city a loving people were found shot to death at least forty two thousand people have died in the past four years. cartel fuelled violence as sheriff of the year paula bo recently noted in this is in arizona this pretty much well qualifies as terrorism beheadings kidnappings the massacre of entire towns sick gladiator fights to the death and this is happening on our border not in the middle east not in north africa where the government doesn't want to call it terrori
charge is a big. welcome back to out of versus the man calles continues in mexico with drug cartel violence surging recently over the past weekend at least forty people died in drug cartel related attacks so we support of the mexican government so many people were massacred in monterey on friday at a bar with many innocent bystanders caught in a crossfire between the drug gang and the gulf cartel tend to have faded bodies including those of three women were discovered by authorities and torrie...
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big companies and lo and behold the consumer in the end up getting this they lost their job they lost their houses and they're still in trouble you're mistaken in saying that for the reserve to spend any money. you say five trillion we have lent money we have purchased securities that's not buying dissipating you know the money that we've gotten all the money back we're making then went on to say that the fed has in fact been a profit center a money maker for the u.s. government and your thoughts on this notion is the fed actually you know a profit center. but actually the number is probably closer to twenty nine trillion dollars if we count the total lending guaranteeing and buying of talks of waste assets undertaken by the fed and treasury twenty nine trillion dollars. i think bernanke is saying that a little bit fast and loose the fed still has a lot of toxic waste on its balance sheet probably it is valuing that it's something that will never be realized so i think that probably is going to take a loss on some of the ways that approach to this possibly on some of the loans that it
big companies and lo and behold the consumer in the end up getting this they lost their job they lost their houses and they're still in trouble you're mistaken in saying that for the reserve to spend any money. you say five trillion we have lent money we have purchased securities that's not buying dissipating you know the money that we've gotten all the money back we're making then went on to say that the fed has in fact been a profit center a money maker for the u.s. government and your...
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big companies and lo and behold the consumer didn't get up getting there so they lost their job they lost their houses and mortgages and they're still in trouble you're mistaken in saying that the federal reserve has spent any money. you say five trillion we have lent money we have purchased securities that's not buying this not dissipating you know that money that we've gotten all the money. chairman bernanke went on to say you know that the fed is in fact you know a money maker for the u.s. government and we've got you here you work for goldline obviously you've got a vested interest scott but kind of talk about this as it relates to what we're seeing you know previously with the bailout and you know the direction that this country's going right it's a good point let's go to side i think both of the individuals bernanke and ron paul were correct ron paul is right that the average american has not seen the benefit of the stimulus money that has been put to good use and we're seeing that in unemployment rates we're seeing that in the last luster g.d.p. growth and it's impacting middl
big companies and lo and behold the consumer didn't get up getting there so they lost their job they lost their houses and mortgages and they're still in trouble you're mistaken in saying that the federal reserve has spent any money. you say five trillion we have lent money we have purchased securities that's not buying this not dissipating you know that money that we've gotten all the money. chairman bernanke went on to say you know that the fed is in fact you know a money maker for the u.s....
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these is going to be followed russian invaders to keep your bidders abroad and their big break through back sunlight on stone unsettling updates here. we've got the future covered. more news today violence is once again fled zero for these are the images the world has been seeing from the streets of canada. shining corporations are the day. the mother. guys are on stacy herbert this is the cause or report gold saluting the world economy breakdown stacey tell us more max that's our first headline there gold gives a standing ovation for the obama boehner masterpiece of political theater so we've seen in america the political kooky theater getting crazier and crazier but this is the important thing is that how gold responded and obviously always a deal is going to be done right we knew that but we have always told everybody that gold is responding to this collapse in american empire yes it is responding it's responding to the collapse and running it's a response to the collapse and the american empire exactly they had a great run after world war two but now it's run its course and now it'
these is going to be followed russian invaders to keep your bidders abroad and their big break through back sunlight on stone unsettling updates here. we've got the future covered. more news today violence is once again fled zero for these are the images the world has been seeing from the streets of canada. shining corporations are the day. the mother. guys are on stacy herbert this is the cause or report gold saluting the world economy breakdown stacey tell us more max that's our first...
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big splash in the world of high tech business what turns events science into i.q. products they don't understand oh he's this guy he followed russian leaders to egypt meters and brought in their big breakthrough back. sunlight on stone until they hear. the future covered. these top stories division belcher's in danger of breaking into the south seeks to join for all and spot why defeat is that here a good fracture into ethnic groups and destroy be. more violent than old lady trouble. and call someone a border checkpoint the un security council has held an emergency meeting to discuss the situation and nato peacekeepers was sent to you to restore order after a policeman was killed the dispute is over the maid he said the north of the republic encroaching good by priest. germany's finance minister draws a line on the euro zone saying bailouts in the future will be severely limited and that chancellor angela merkel took it standing up on line when she said the living will not conditionally by the balkans it's easier as a member. of a crucial vote to resolve the debt c
big splash in the world of high tech business what turns events science into i.q. products they don't understand oh he's this guy he followed russian leaders to egypt meters and brought in their big breakthrough back. sunlight on stone until they hear. the future covered. these top stories division belcher's in danger of breaking into the south seeks to join for all and spot why defeat is that here a good fracture into ethnic groups and destroy be. more violent than old lady trouble. and call...
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lot of political things they do all over the world but the fact is america itself is looking like a big giant ghetto and wherever you go well that over station of america whether it's probably a stunner daedalus chicago the. joint problems but it's the same group of corporations caterpillar is a enabling getafe occasion in palestine same thing in detroit because you got a minority of c.e.o.'s who take all that money from the government put it in their pockets and they claim that while there's a lot of infrastructure there to spread around amongst the population because our response and for building infrastructure and the upbuilding infrastructure because we're talking about themselves how can the people also be construed as a representative democracy we've got insurgents to kill stealing money wholesale unemployment they can't possibly distribute them because of the money to do so because. and finally max for the entire picture of a banana republic so they were been fighting over this deficit right eleven stunning facts about america's prisons prisons cost america six hundred billion do
lot of political things they do all over the world but the fact is america itself is looking like a big giant ghetto and wherever you go well that over station of america whether it's probably a stunner daedalus chicago the. joint problems but it's the same group of corporations caterpillar is a enabling getafe occasion in palestine same thing in detroit because you got a minority of c.e.o.'s who take all that money from the government put it in their pockets and they claim that while there's a...
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easy steps he followed russian leaders to each of bidders abroad and their big breakthrough back. sunlight onslaught on technology update here. we've got the future coverage. if. welcome back to the kaiser report max kaiser time now to go up to canada and speaker stefan molyneux of the freedom main radio dot com stuff on a welcome back to the kaiser report thanks max great to be here so stuff our knowledge of the u.s. deficit thinner the absurd there on the brink of chaos every leader of the free world is talking about more debt. ceiling and euro tarp plus the semantic games of the u.s. what is going on well china says or at least a private chinese rating agency says or makes the argument that the u.s. has already defaulted through devaluing of the u.s. against other currencies and that has been enormous and significant just over the past ten years the u.s. dollar has lost forty percent or more the dow in its real returns since new year's day two thousand has lost almost thirty four percent and so what's happened is a devaluing of the dollar against other currencies that as we kno
easy steps he followed russian leaders to each of bidders abroad and their big breakthrough back. sunlight onslaught on technology update here. we've got the future coverage. if. welcome back to the kaiser report max kaiser time now to go up to canada and speaker stefan molyneux of the freedom main radio dot com stuff on a welcome back to the kaiser report thanks max great to be here so stuff our knowledge of the u.s. deficit thinner the absurd there on the brink of chaos every leader of the...
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they were to do so they were to hook line and sinker the pushing thing should be pushing some of the big things then they make years of their work wrong and nobody likes. the reason one poor. is going to be anywhere he did or is that. he has eaten bisping cannot be a politician but a grandstanding you can go back years to his video interview because of his buds physical and you can see that he is being consistent in his personal. and and economically between right now you know the story about stumper and the and as his record will show he will stand alone to vote on principle when he has to and one man with courage can be a majority when we've got blue republicans coming out of the g.o.p. robin thank you so much for being with us and i thank you. that was robyn curnow founder of the blue republican movement all right it appears that members of the british government are not as fun as being spied on as they are of spying on other people. is the news corp empire collapsing well not a chance but fox mogul rupert murdoch is seeking his share or seen his share of turbulence after the hacking
they were to do so they were to hook line and sinker the pushing thing should be pushing some of the big things then they make years of their work wrong and nobody likes. the reason one poor. is going to be anywhere he did or is that. he has eaten bisping cannot be a politician but a grandstanding you can go back years to his video interview because of his buds physical and you can see that he is being consistent in his personal. and and economically between right now you know the story about...